What factors affect my credit score?

Different credit scoring models calculate credit scores based on a bunch of factors. Petal uses the VantageScore 3.0 model from Experian, which measures credit on a scale ranging from 300 to 850. Your VantageScore is determined by six different factors: payment history, age and types of credit, credit utilization, total balances and debt, recent credit inquiries, and available credit.

For more information, see what influences your credit score.

Was this article helpful?
3 out of 3 found this helpful